Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from SK Hynix

Samsung has swerved a planned South Korean factory strike with a last-minute deal, so the memory machine rumbles on

The deal is currently undergoing an internal union vote.

PC Gamer

Samsung and SK Hynix employees are reportedly abandoning overseas training programs to nab up to $400,000 performance bonuses — online dating grades rise as female members 'seeking out SK hynix employees'

Samsung and SK Hynix employees are reportedly considering terminating overseas training programs to be eligible for performance bonuses as AI-driven semiconductor profits fuel record bonus projections worth hundreds of millions of won.

Tom’s Hardware

What are Samsung union workers demanding and how might a strike play out?

Samsung Electronics faces its worst-ever strike as nearly 48,000 workers threaten an 18-day walkout over bonus payouts. The union demands the abolition of a 50% bonus cap and a 15% profit allocation, while Samsung's offer is a one-off payment. This potential disruption threatens global memory chip supply amid AI demand.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Samsung, labour union meet again as Seoul threatens to intervene to block strike

Samsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike by 45,000 workers could disrupt global chip production. South Korea's prime minister has threatened emergency intervention. The company's shares fell amid the uncertainty. The union demands…

The Economic Times

Record-high pricing pushes SSD and memory makers to borrow $880 million just to afford buying chips — Adata, TeamGroup, and others take on substantial debt to survive shortages

Adata is the largest single borrower in the group, having completed a NT$2 billion convertible bond issuance and secured NT$12 billion in bank loans.

Tom’s Hardware

Samsung meeting transcripts show memory workers offered incredible 607% bonus worth $477,000, while logic chip staff get as little as 50% — union says misbalance 'creates a retention crisis the company cannot afford'

Internal Samsung wage negotiation transcripts show the company proposed bonuses of 607% of annual salary for its memory chip division in March.

Tom’s Hardware

Why Samsung shares just surged 7% to save Kospi from a tragic market meltdown

Samsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, easing fears of a disruptive strike. The rebound helped lift the KOSPI, as Samsung’s heavy index weight amplified the market impact. Investor sentiment improved after political and corporate leaders intervened to…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Micron urges Indian firms to plan ahead as AI memory crunch set to deepen through 2028

A top Micron executive warns the global semiconductor memory shortage, fueled by the AI boom, is severe and could extend beyond 2028. Indian firms risk being unprepared due to price sensitivity and a reluctance to commit to long-term procurement contracts, despite the nation's push for sovereign AI infrastructure.

The Economic Times

A 45,000-person labor strike at Samsung's memory chip plants could throw a wrench into the AI boom

Nearly 45,00

Fortune

18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breath

Samsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-day walkout starting May 21, 2026. Samsung's memory chip workers were offered 607% salary bonuses — six times more than logic chip and foundry engineers building AI…

The Economic Times

I really hope you weren't considering a GPU upgrade this year, as Nvidia may raise the price of the already pricey RTX 5090 by as much as $300

Memory is proving an expensive problem.

PC Gamer

At Samsung, the global AI boom spurred a looming strike and deep divisions

A major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could disrupt memory chip production, impacting AI data centers, smartphones, and laptops globally. Government and investors express concern over potential economic fallout and supply chain instability. This labor unrest highlights…

The Economic Times

Kospi Crash Explained: Why South Korea's red-hot stock market tumbled 6% after record rally

South Korea's stock market saw a dramatic fall on Friday. This happened after a massive rally pushed valuations to extreme levels. The market's dependence on a few AI chip companies became clear. Samsung Electronics and SK Hynix, key players, experienced significant drops. This led to a broad index decline. Global…

The Economic Times

Samsung shares crash 9% as labour strike raises fears of $20 billion profit hit

Samsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disruption to chip production and deliveries. With JPMorgan estimating up to $21 billion in potential profit impact, investor anxiety has surged amid intensifying union demands and rising pressure on…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

AI boom puts SK Hynix on the cusp of $1 trillion market value

South Korea is at the forefront of Asia's AI boom, with SK Hynix nearing a $1 trillion market value, following Samsung Electronics' recent milestone. Driven by surging AI demand for memory chips, SK Hynix shares have seen significant growth.

International Business Times

Samsung Electronics Labor-Management Post-Mediation Talks Collapse Despite Government Intervention

The two sides had been undergoing post-mediation procedures since May 12 under government mediation but were unable to narrow their differences.

Tom’s Hardware

South Korean official proposes 'citizen dividend' payouts from AI windfall — markets spooked by suggestion AI revenue should be redistributed to citizens

Kim Yong-beom, presidential chief of staff for policy, floated the idea of a "national dividend" in a Facebook post late Monday.

MarketBeat

The DRAM Shake-Up: Samsung Stumbles, Micron Chases $1000

Ongoing labor disruptions at competitor Samsung Electronics could create a significant pricing power advantage for U.S.-based memory maker Micron Technology.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

South Korea official floats AI profit social tax as tech giants boom

A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earnings for tech giants Samsung Electronics and SK hynix. Kim proposed what he tentatively called a "national dividend" for socially redistributing excess corporate profits from AI technology.

The Economic Times

Samsung Electronics union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating profit for performance bonuses. Workers are unhappy with lower bonuses compared to rival SK Hynix. This dissatisfaction grows amid Samsung's record profits driven by the AI chip boom.

The Economic Times

South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?

South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits, causing a stir in the stock market. Companies like Samsung and SK Hynix are seeing huge profits from AI chips. This move highlights concerns about wealth concentration and calls for broader economic…

Tom’s Hardware

Samsung holds desperate final talks with union over 18-day chip factory strike that could cost $20 billion — government-mediated summit seeks to avert industrial action that could hit HBM production

The two sides are meeting through South Korea's National Labor Relations Commission after earlier rounds of mediation in February and March collapsed.

Tom’s Hardware

Intel, SK hynix shares surge following reports of chip packaging partnership — SK is said to be testing Intel's 2.5D EMIB for HBM integration

The rally followed a report claiming that SK is conducting R&D with Intel on 2.5D packaging using Intel's EMIB technology.

Tom’s Hardware

Scammers are selling fake DDR5 with empty plastic chips relabeled to pass as legit — fake components mounted to PCBs are yet another sign of the RAMpocalypse

DDR5 memory is overpriced right now, which might make some people desperate to get their hands on a good deal. Unfortunately, that could lead to you being taken advantage of with fake modules that are literally empty inside. A Japanese buyer warns of how this scam works and how to…

The Economic Times

SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies

Global tech giants are making unprecedented offers to SK Hynix. They want to invest in new production lines and fund expensive equipment purchases. This is to secure vital memory chips. Demand for these chips is surging due to the artificial intelligence boom. SK Hynix is cautious about these deals. The…

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations